Lucid Motors Introducing the upgraded model 2024, adding luxury to every sub-model in the line-up at the end of 2023, divided into 4 sub-models as before, consisting of: Lucid Air Pure, Touring , Grand Touring and top-of-the-line models Air Sapphire That pushes the power figure up from 1,080 horsepower to 1,234 horsepower. All 4 sub-models … Read more
Jeddah: Lucid Motors’ first international factory, AMO-2, has started operations in Saudi Arabia. Four types of EV electric vehicles will be manufactured here this year. The investment ministry said the factory will reach full capacity by 2028. Lucid Motors’ first international manufacturing factory, AMO-2, is part-owned by the Saudi Public Investment Fund. The factory is … Read more
Despite the jump in revenues of the Saudi Public Investment Fund by more than 31% last year, it turned into a loss due to book losses in some of its investment activities of more than 41 billion riyals, under pressure from the decline in global stock prices. By the end of 2022, the revenues of … Read more